HP Brief

Changes on the horizon at Harburg refinery

Nynas has received approval from the European Commission to take over
production and responsibility for the base oil plant and
associated production units at Shells Harburg refinery in Hamburg, Germany. The
takeover of the first part of the refinery assets is targeted for
January 1, 2014. The new production plant will be a core site
for Nynas with an annual production of specialty oils up to
350,000 tons. This represents a 40% increase in the
companys supply capability of naphthenic specialty oils.
With the takeover of the Harburg production facilities, Nynas will, in the first
phase, take on approximately 90 Shell employees. This number
will grow to 220 after two years.

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